TY - JOUR T1 - LNG Potential for the U.S. Market JF - The Journal of Structured Finance SP - 8 LP - 13 DO - 10.3905/jsf.2003.320314 VL - 9 IS - 3 AU - Daniel E. White AU - James S. Diemer AU - Eric W. Gibbs Y1 - 2003/10/31 UR - https://pm-research.com/content/9/3/8.abstract N2 - This article reviews the liquefied natural gas (LNG) potential for the U.S. market. The authors assess the fundamentals underlying the LNG opportunity, tally market activity, and calculate the resulting investment potential in liquefaction, shipping, and regasifi1cation. There is a significant amount of LNG development activity under way and numerous energy companies are touting LNG as their key growth strategy. The combination of steadily dropping LNG infrastructure costs and expected long-term natural gas prices now offers an attractive commodity business opportunity. Project financing currently has the traditional requirements of long-term customer contracts and a chain of linked projects from upstream gas production to downstream off-take from the regasification terminal. This will evolve to encompass short-term transactions as the LNG business grows in size and liquidity to become a commodity business. ER -